Average Expense Ratios Paid by 401(k) Investors in Mutual Funds Declined in 2012, Continuing a Long-Term Trend Washington, DC, June 12, 2013 -The expenses that 401(k) plan participants incurred for investing in long-term mutual funds—which include equity, bond, and hybrid funds...
ICI Statement on Proposed SEC Rulemaking for Money Market Funds Washington, DC, June 5, 2013 - Paul Schott Stevens, President and CEO of the Investment Company Institute, issued the following statement in response to today’s vote by the Securities and Exchange Commission to issue for...
ICI Hires Michelle Y. Mesack as Director, Financial Services Policy Washington, DC, June 3, 2013 - The Investment Company Institute is pleased to announce that Michelle Y. Mesack joins the Institute today as Director, Financial Services Policy. She will report to Chief Government...
ICI Statement on Scheduled SEC Meeting on Money Market Fund Regulation Washington, DC, May 29, 2013 - ICI Chief Public Communications Officer Mike McNamee issued the following statement in response to the Securities and Exchange Commission notice of an open meeting scheduled for June...
ICI Publishes 53rd Edition of Investment Company Fact Book Provides Authoritative Research on Mutual Funds, ETFs, Closed-End Funds, UITs Washington, DC, May 16, 2013 - The Investment Company Institute today published its 2013 Investment Company Institute Fact Book online in HTML...
ICI Comment on the Passing of Former President David Silver Washington, DC, May 1, 2013 - ICI President and CEO Paul Schott Stevens issued the following statement in response to news of the death of David Silver, president of the Institute from 1977 to 1991: “With the passing of David...
ICI Defined Contribution Plan Recordkeeper Data Show Continued Commitment to Retirement Saving Washington, DC, April 25, 2013 - ICI’s latest study of retirement plan savers’ actions, based on defined contribution (DC) plan recordkeeper data covering nearly 24 million DC plan...
SEC Chairman Mary Jo White to Address ICI GMM Address Marks Chairman White’s First Scheduled Speech to Fund Industry Washington, DC, April 16, 2013 - Newly confirmed U.S. Securities and Exchange Commission Chairman Mary Jo White will address the Investment Company Institute’s 55th...
Average Expense Ratios Paid by Mutual Fund Investors Continued to Decline in 2012 Newly Compiled Data for Target Date Mutual Funds Show Expenses Fell in 2012 Washington, DC, April 11, 2013 - The downward trend in average expense ratios paid by investors in mutual funds continued...
ICI Issues Statement on President’s Budget Proposal Leaders Must Address Taxes, Spending Without Harming Retirement Security Washington, DC, April 10, 2013 - ICI President and CEO Paul Schott Stevens issued the following statement in response to the Administration’s budget proposal...
